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Margins of the Rio + 20, Embraer and Aviation Industry Corporation of China (AVIC) announced their continued partnership in Harbin as part of a new joint venture agreement. It aims to assemble in China two models in the business aviation manufacturer in Brazil: the Legacy 600 and Legacy 650. Devices that belong to the category of "super mid-size jets" and "broad jet" respectively.

"A model of South-South cooperation"

The first draft should leave the assembly line in Harbin in late 2013. It will be delivered to ICBC Financial Leasing Co., a subsidiary of the Chinese bank ICBC, which announced on the night of Thursday to Friday, June 22, signed an order for 10 jets with Legacy 5 farms and five optional. With this contract, Embraer has received 159 orders for business jets and regional aircraft in China including 20 Legacy jets. "This announcement marks another step in Embraer's presence in China and bilateral relations between Brazil and China. Our presidents believe our partnership with Avic as a model of a south-south cooperation, "said Frederico Curado, CEO of the Brazilian manufacturer.

Embraer is present in China since 2000, opening a representative office in Beijing. In 2002 he joins Avic to launch, as part of a first joint venture, assembling the ERJ 145, a 50-seat regional aircraft in Harbin. The plant is designed to provide Chinese airlines. But for several months, the site was idle for lack of new orders.

Jackie Chan as special ambassador

Embraer and AVIC will give new life to the factory of Harbin in transforming the assembly line of the ERJ 145 to the Legacy that was developed based on the ERJ 135, a 35-seat regional jet.

Embraer will build on the strength of the Chinese domestic market. The claimed 78% of Brazilian regional aircraft market. He also wants to break into the segment of business aviation. He also offered the services of an ambassador of shock in the person of the action film star Jackie Chan. According to Embraer, deliveries of business jets is expected to reach 635 copies over the next decade.

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This entry was posted on Friday, June 22nd, 2012 at 10:28 pm and is filed under Uncategorized, business, finance, news, special. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.